The World Bank is designed to serve as a way for financially strapped nations to secure loans that will help them engage in programs of sustainable economic growth and development.The IMF has 188 members,each of which has pledged to act responsibly in the pursuit of economic and developmental goals.

Question

Quizplus · Accepted Answer

As of my last update in 2023, the IMF (International Monetary Fund) has 190 member countries, not 188. The World Bank and the IMF are distinct entities that serve complementary roles in supporting economic development and financial stability across the globe.

The World Bank Is Designed to Serve as a Way